No Debt / Low LeverageZero reported debt meaningfully reduces refinancing and interest-rate risk for an early-stage explorer. Over the next 2-6 months this conservatism supports continued exploration spending flexibility and lowers near-term insolvency risk compared with highly leveraged peers.
Focus On Battery And Base MetalsTargeting lithium, nickel and other battery/base metals aligns the asset base with durable, secular demand from electrification and battery supply chains. This structural fit increases probability of partner interest, farm-outs, or premium transaction outcomes over time.
Early Signs Of Monetisation / Revenue In 2025Reappearance of revenue in 2025 indicates the company can generate transactional or operational receipts from projects or partner activity. For an explorer, recurring monetisation events (farm-outs/sales) are durable value-creation routes that can reduce net cash burn if sustained.